Pay review

THE ANNOUNCEMENT that Portugal’s national minimum wage will rise by 76 cents per day, to a total of 426 euros per month, was delayed because of disagreements between the employers federation and the workers unions.

The matter was discussed at a meeting between the Minister of Labour and Social Solidarity, Vieira da Silva, and a board that represented the government, the workers unions and employers federation, who could not reach an agreed value.

The increase of the minimum wage from 403 to 426 euros per month was finally announced this week by the government after renewed talks with the workers union and employers federation.  “This is the largest increase in the past decade,” said Portugal’s Prime Minister, José Sócrates.

Future increases in the country’s minimum wage were also agreed whereby in 2009 it will increase to 450 euros and by 2011 to 500 euros.

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